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Acquisition will be incorporated into the ELANTAS Electrical Insulation division.
January 5, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
ALTANA has acquired the Formulated Resins business of Solvay. The products are sold primarily under the Conap brand name. Conap products are used in electronics, electrical and specialty adhesive applications. This business generated sales of approximately $20 million in 2015. With the acquisition, ALTANA takes over a research and production facility from Solvay with 53 employees in Olean, NY. Within the ALTANA Group, the business will be integrated into ELANTAS PDG, Inc. based in St. Louis,...
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